Hi,
I have been an equities analyst for 5+ years but feel like I've been living under a rock. What are some examples of big teams (individual MM pod) and how much GMV do they manage? I've heard of some managing 4-5B but curious to know who the really big guys are. For example how much the biggest teams manage in the likes of MLP/Citadel/P72/BAM etc, and what do they do?
Sorry if it's a silly question.
| Best Public Markets Gig? ER, MM HF, SM HF, or LO AM? | 13 | 3d | ||
| +43 | How to start a family office (HF rainmaker) | 17 | 2d | |
| +34 | Law to Quant Pivot? | 10 | 3d | |
| +33 | Looking for a Fund Manager to partner with to start a new fund. | 21 | 3m | |
| +23 | Starting Personal Account | 12 | 1d | |
| +21 | How to destress at Pod HF? | 8 | 1d | |
| +21 | People who work at hedge funds, what made you interested initially? | 13 | 1d | |
| +19 | HF Final Round Interview | 4 | 5d | |
| +19 | Hedge Fund WLB | 6 | 2d | |
| +17 | Most appealing public credit seats out of RX? | 1 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
There are different approaches to pod size across firms. Citadel runs large books and depending on strategy they can be 2bn+. That usually includes sub-PMs or whatever you want to call junior PMs/senior analysts. MLP much more diversified and happy to run several smaller pods in the same strategy.
What’s the vol on GMV for a 2bn book? From my understanding, the vol is around 2-3% of GMV which is $40-60m. That’s not that big…
think slightly higher in %, but depends on seniority/terms. also depends on how many sub-PMs part of the overall book, because their terms tend to be different.
Necessitatibus temporibus dolorem est sed consectetur possimus aut. Et eum quia provident consequatur et deleniti quasi. Similique autem officiis sunt voluptatem. Dolorum voluptate labore quas aut totam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...